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# News October 25, 2022: Paebbl, Grafbase, Combify, Cellfion, Rivus Batteries, Staccs, SEB Greentech Venture Capital and more
- URL: https://www.swedishtechnews.com/news-october-25-2022/
- Published: 2022-10-25T15:00:48.000Z
- Updated: 2023-08-13T12:27:28.000Z
- Description: Here are today's news from Sweden's startup and tech sector, sent as daily email newsletter exclusively to subscribers of Swedish Tech News.
- Author: Martin Weigert
- Tags: Daily (PRO), grafbase, Combify, cellfion, Rivus Batteries, Tevefy (formerly Staccs), STILFOLD, Qliro, SEB Greentech VC, Paebbl, Pale blue dot, Walerud Ventures, 2050, Grantham Foundation, alven, uncorrelated ventures, BackingMinds, bonnier ventures, mezolten, EQT Foundation, Bonnier Capital (formerly Bonnier Ventures)

Here are today's news from Sweden's startup and tech sector, exclusively for subscribers of Swedish Tech News.

💡

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### Funding news

- [Paebbl](https://paebbl.com/) (Stockholm/Helsinki/Rotterdam, developer of carbon-negative construction material): €8M ($8M) in a seed round from Pale Blue Dot, Walerud Ventures, 2050 and Grantham Foundation. The company was founded in 2021 by Sweden-based investor Jane Walerud, former Northzone partner Marta Sjögren, former Slush CEO Andreas Saar, and the Dutch scientist and mineralisation expert Pol Knops ([English](https://12ft.io/proxy?ref=&q=https://sifted.eu/articles/carbon-storage-paebbl-seed-round/), [Swedish](https://www.di.se/digital/teknikprofilerna-far-in-80-miljoner-ska-lagra-koldioxid-fran-industrin/) / *Di Digital paywall*).
- [Grafbase](https://grafbase.com/) (Stockholm, instant serverless GraphQL backend platform): $7.3M in a seed round led by Next47, with participation from Alven, Uncorrelated Ventures as well as around 40 angel investors ([English](https://grafbase.com/blog/announcing-7-3m-funding)).
- [Combify](https://www.combify.com/) (Stockholm, SaaS solution for visualisation and digitalisation of construction projects' data): SEK25M (€2.3M, $2.2M) from existing investors Backing Minds and Bonnier Ventures, as well as new investor Mezolten ([Swedish](https://www.breakit.se/artikel/34810/combify-tar-in-25-miljoner-backas-av-bonnier-ventures-och-backing-minds), [machine translation](https://www-breakit-se.translate.goog/artikel/34810/combify-tar-in-25-miljoner-backas-av-bonnier-ventures-och-backing-minds?%5Fx%5Ftr%5Fsl=auto&%5Fx%5Ftr%5Ftl=en&%5Fx%5Ftr%5Fhl=en&%5Fx%5Ftr%5Fpto=wapp)).
- Swedish energy storage technology startups [Cellfion](https://cellfion.se/) and [Rivus Batteries](https://rivus-batteries.com/) received a joint grant of SEK6M (€550K, $550K) from the Swedish Energy Agency, to develop Sweden’s first all-organic [redox flow battery](https://en.wikipedia.org/wiki/Flow%5Fbattery) ([English](https://www.linkedin.com/posts/cellfion-ab%5Frivus-and-cellfion-project-activity-6990586993315340288-U%5FwB/)).
- EQT Foundation participated in a €4.5M ($4.5M) Series A extension raised by German AI breast cancer screening startup [Vara](https://www.vara.ai/) ([English](https://techfundingnews.com/vara-scores-e4-5m-to-make-ai-breast-cancer-screening-accessible-to-everyone/)).

\>> Daily updated, subscriber-exclusive [Google sheet](https://docs.google.com/spreadsheets/d/19CzBwRojH%5FK8zin277bpLJ8KCgEUp2AWw%5F%5FJuFUujAs/edit?usp=sharing) with all funding rounds raised by private Swedish startups and scaleups. 

### News from Swedish startups, the tech sector and VCs

- [Staccs](https://staccs.com/), Stockholm-based streaming service for concerts and music documentaries, has launched "Staccs TV", a new "TV channel" for concert video and music documentaries, which is free (for the first year) and intended to draw users into the otherwise paid subscription service ([English](https://www.digitaltveurope.com/2022/10/25/swedens-staccs-taps-samsung-tv-plus-to-promote-streamer/)).
- [STILRIDE](https://www.stilride.com/) launched its equity crowdfunding campaign on Crowdcube ([English](https://www.crowdcube.com/companies/stilride-ab/pitches/b3jnWZ)).
- [SEB Greentech Venture Capital](https://sebgroup.com/our-offering/financing-and-investment-banking/greentech) doubles its investment mandate to SEK600M (€55M, $54M). To date the fund has invested in 5 companies ([English](https://sebgroup.com/press/news/2022/seb-doubles-greentech-units-investment-capital), [Swedish](https://www.realtid.se/seb-fordubblar-investeringskapitalet-for-seb-greentech-till-600-miljoner-kronor/)).
- Adrian Arnsvik Bjurefalk, Stockholm-based investor at [Inventure](https://inventure.vc/), wrote about how early-stage founders can jumpstart the talent flywheel ([English](https://blog.inventure.vc/how-to-jumpstart-the-talent-flywheel-daf96163f1d7)).

### Swedish tech earnings reports

- [Qliro](https://www.qliro.com) (Stockholm, payments solution for e-commerce and financial services provider for consumers): [English](https://mfn.se/a/qliro-ab/qliro-ab-interim-report-january-september-2022).

### Other interesting things related to Sweden

- Swedish maritime archaeologists have discovered the long-lost sister ship of the 17th-century warship Vasa, which sank on its maiden voyage ([English](https://www.theguardian.com/world/2022/oct/24/lost-17th-century-warship-found-in-sweden), [Swedish](https://www.dn.se/sverige/vasas-systerskepp-applet-har-hittats/)).

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That's it for today.